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SMC Global vs Upstox (Compare SMC Global and Upstox)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between SMC Global vs Upstox, Below comparison of SMC Global vs Upstox highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of SMC Global vs Upstox is given below:

SMC Global Upstox
About The Brokers
SMC Global :

"SMC Global Limited is the leading brokerage house which is the one-stop solution of the diversified need of investors incorporated in 1990 by Mr. Subhash C. Aggarwal    >>> more

Upstox :

"Founded in 2009, Upstox is one of the reliable stock trading brokers with low brokerage and excellent facilities. Two young successful entrepreneurs who opened the co   >>> more

Find More Information about the Broker :
SMC Global :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Upstox :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
SMC Global :
 Full Service Broker
Upstox :
 Discount Broker
Promo/offers
SMC Global :
N/A
Upstox :
Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
Advantage
SMC Global :
  • Top class customer service
  • Easy-to-use website & other online platforms
  • Award-winning research services
  • Different brokerage plans for the different type of clients
  • It provides multiple trading options
  • PAN India Presence.
Upstox :
  • No Brokerage on Mutual funds.
  • DEMAT AMC free for Life
  • Low cost Brokerage
  • Self-directed, easy to use online learning for all levels
  • Easy to get started with Aadhar based signup
  • Good Brokerage & Margin Calculator
  • Unlike other low-cost brokers, RKSV offer a variety of affordable pricing plans so that you can choose the plan best suited for you
Disadvantage
SMC Global :
  • No margin funding
  • They are not transparent in terms of expressing brokerage charges
  • Good till cancelled & Good till date/time order are not available in equity segment
  • Mobile trading is not available for NSE.
Upstox :
  • No margin funding
  • Does not provide Tips & recommendation
  • Turnover charges on futures and options is higher than competitors
  • Upstox doesn't offer unlimited monthly trading plans.
  • Doesn't offer research based services.
  • Charges on Funds Transfer @ ₹7 per fund transfer.
Why This
SMC Global :
  • Clients get the assistance of industrial experts while investing their money in financial products.
  • They provide a wide option to invest in.
  • SMC Global provide 3000+ Crores cumulative AUM under mutual funds
  • They provide clearing settlement services to 280+ trading members
  • They have strong values of being ahead in the innovation of technology
  • Clients can place AMO & BTST orders
  • They also support low bandwidth internet on their website as well as on mobile trading platforms.
Upstox :
  • Upstox offers zero brokerage on equity mutual fund Investment and a mere ₹20 per transaction on Equity Delivery, intraday and F&O trades.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.
  • Trailing-Stop/Stop-Loss (SL) is available in both web and mobile.
  • Zero Demat AMC, Free demat account for life.
  • Offers NRI trading.
  • Offers Mutual Fund Investment, SIP Investement.
  • Upstox is backed by top investors with the likes of Ratan Tata, Kalaari Capital & GVK Davix
  • Upstox offers the best of technology to traders. The Upstox Platform on mobile and web is one of the best platforms for the Indian stock market.
Open Account

SMC Global vs Upstox Account Opening & AMC Charges

SMC Global Trading Account Opening Fee is Nil and Upstox Trading Account Opening Fee is Rs 0 (Free) . SMC Global Demat Account AMC is Rs 300 and Upstox Demat Account AMC is Rs 150 .

SMC Global Upstox
Trading Account Opening Fee Trading Account Opening Fee :

Nil

 Trading Account Opening Fee :

Rs 0 (Free)
Demat Account Opening Fee Demat Account Opening Fee :

Rs 499

 Demat Account Opening Fee :

Rs 0 (Free)
Demat Account AMC Demat Account AMC :

Rs 300

 Demat Account AMC :

Rs 150
Trading Account AMC Trading Account AMC :

Nil

 Trading Account AMC :

Rs 0 (Free)
Open Account Open Account

SMC Global vs Upstox Brokerage Charges

SMC Global Brokerage Charges Equity Delivery is 0.3% and Equity Intraday is 0.03% and Equity Options is Rs 70 per lot . Upstox Brokerage Charges Equity Delivery is Rs 20 per executed order or 2.5% whichever is low and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order .

SMC Global Upstox
Plan Name Plan Name :

SMC Global Limited

 Plan Name :

Basic Plan
Equity Delivery Equity Delivery :

0.3%

Equity Delivery :

Rs 20 per executed order or 2.5% whichever is low

Equity Intraday Equity Intraday :

0.03%

Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

Equity Future Equity Future :

0.03%

Equity Future :

Rs 20 per executed order or 0.05% whichever is lower

Equity Options Equity Options :

Rs 70 per lot

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

0.03%

Currency Futures :

Rs 20 per executed order or 0.05% whichever is lower

Currency Options Currency Options :

Rs 20 per lot

Currency Options :

Rs 20 per executed order

Monthly Fee Monthly Fee : - Monthly Fee :

NA

Margin Trading Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures :

0.03%

Commodity Futures :

Rs 20 per executed order or 0.05% whichever is lower

Commodity Options Commodity Options :

0.03%

Commodity Options :

Rs 20 per executed order

Open Account Open Account

SMC Global vs Upstox Exchange Transaction Charges

SMC Global Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . Upstox Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) .

SMC Global Upstox
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

 Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

 Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future * Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

 Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options * Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)

 Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures * Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)

 Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options Currency Options :

NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)

 Currency Options :

NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Commodity :

0.0030%

 Commodity :

Group A - Rs 290 per Cr (0.0029%)
Open Account Open Account

SMC Global vs Upstox Other Charges

SMC Global Minimum Brokerage is Rs 25 per trade or 2.5% of the trade value whichever is lower and . Upstox Minimum Brokerage is 0.05% and Call & Trade is Rs 20 per trade .

SMC Global Upstox
Minimum Brokerage Minimum Brokerage :

Rs 25 per trade or 2.5% of the trade value whichever is lower

 Minimum Brokerage :

0.05%
Call & Trade Call & Trade : - Call & Trade :

Rs 20 per trade
Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) : - DP Charges (on sell side) :

₹13 plus ₹5.50 (CDSL charges) per scrip.
Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges :

Auto Square-off Charges: Rs 50
Open Account Open Account

SMC Global vs Upstox Features

SMC Global and Upstox both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

SMC Global Upstox
Trading Platform Trading Platform :

SMC Privilege, Easy Trader, Mobitrader, Tab Trader

 Trading Platform :

Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Placing orders through charts Placing orders through charts : - Placing orders through charts : -
Trading Alerts Trading Alerts :

Yes

 Trading Alerts :

Yes
Research and Advice / Trading Tips Research and Advice / Trading Tips :

1

 Research and Advice / Trading Tips :

No
Detailed Education Initiatives Detailed Education Initiatives :

No

 Detailed Education Initiatives :

No
Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program : - Referral Program :

1
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

 Margin Against Shares (Equity Cash) :

No
Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

 Margin Against Shares (Equity F&O) :

Yes
Open Account Open Account

SMC Global vs Upstox Demat Account Charges

A comparative table of various demat account charges between SMC Global and Upstox is below:

SMC Global Upstox
Depository Service Provider Depository Service Provider :

CDSL

 Depository Service Provider :

CDSL
Account Opening Fee Account Opening Fee :

Nil.

 Account Opening Fee :

Rs 249
Advance Deposit Advance Deposit : - Advance Deposit :

Nil
AMC AMC :

  • Individual Client
    • General AMC Scheme: Rs 300 P.A. (POA Clients), Rs 350 P.A. (Non POA Clients)
    • Onetime Yearly AMC Scheme: Rs 1000 P.A.(POA Clients), Rs 1300 P.A. (Non POA Clients)
    • No AMC Scheme: Rs 3000 Refundable Deposit
  • Corporate Clients: Rs 1000 P.A.

 AMC :

Rs 150
Dematerialisation Charges Dematerialisation Charges :

Rs 5 Per Certificate (Rs 30 for 1st Certificate) Courier Charges Extra (Rs 25 for Local & Rs 40 for outstation courier)

 Dematerialisation Charges :

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request
Rematerialisation Charges Rematerialisation Charges :

Rs 25 (For one certificate/100 shares) Courier Charges Extra(Rs 25 for Local & Rs 40 for outstation courier)

 Rematerialisation Charges :

Rs 25 per certificate or 0.05% of the value whichever is higher.
Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

  • On Maket Transaction: Rs 15 (POA Clients), Rs 20 (Non POA clients)
  • Off Market Instruction: 0.03% (subject to Min. Rs 20 & Max. Rs 50 Charges Per instruction)

 Transaction Charges (debit) :

Rs 13 + Rs 5.50 (CDSL charges) per scrip.
Pledge Creation Charges Pledge Creation Charges :

Rs 60

Pledge Creation Charges :

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.
Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Rs 60

Pledge Creation Confirmation Charges :

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.
Pledge Invocation Charges Pledge Invocation Charges :

Rs 30

Pledge Invocation Charges :

0.05% of the transaction charges subject to a minimum of Rs 50
Failed Instruction Charges Failed Instruction Charges :

Rs 20 per instruction

 Failed Instruction Charges :

Rs 50 per transaction
Other Charges Other Charges :

  • AMC charged yearly in advance.
  • DIS Book Charges: Rs 30 (20 leafs)
  • Client Modification Charges: Rs 25
  • Security deposit for CDSL 'easiest' facility (optional) is Rs 2,500

 Other Charges :

  1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
  2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
  3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.
Open Account Open Account

SMC Global vs Upstox Basic Details

SMC Global Year of Incorporation is 1994 and Total Number of Clients is 177541 and Total Number of Branches is 2450 . Upstox Year of Incorporation is 2012 and Total Number of Clients is 2501173 and Total Number of Branches is 4 .

SMC Global Upstox
Year of Incorporation Year of Incorporation :

1994

 Year of Incorporation :

2012
Active Exchange Memberships Active Exchange Memberships :

BSE, NSE, MCX, NCDEX

 Active Exchange Memberships :

BSE, NSE, MCX
Demat Services Demat Services :

Yes

 Demat Services :

No
Website Website : https://www.smctradeonline.com/ Website : www.upstox.com
Contact Details Contact Details :

+91-11-66075200

 Contact Details :

+91-22-6130-9999
Total Number of Clients Total Number of Clients :

177,541

 Total Number of Clients :

2,501,173
Total Number of Branches Total Number of Branches :

2450

 Total Number of Branches :

4
Products * Products : - Products :

Upstox Pro Web,Upstox Pro Mobile, Nest Desktop.
Open Account Open Account

SMC Global vs Upstox Orders

Orders

SMC Global Upstox
Cover Orders (CO) Cover Orders (CO) :

No

 Cover Orders (CO) :

Yes
Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

No

 Bracket orders / One Cancels Other (BO / OCO) :

No
After Market Orders (AMO) After Market Orders (AMO) :

Yes

 After Market Orders (AMO) :

Yes
Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

 Buy Today Sell Tomorrow (BTST) :

No
Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

 Sell Today Buy Tomorrow (STBT) :

No
Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

 Good Till Cancelled (GTC) :

Yes
Open Account Open Account

SMC Global vs Upstox Research and Advice / Trading Tips

Research and Advice / Trading Tips

SMC Global Upstox
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation :

No
Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation :

No
Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile :

No
Comparison * Comparison : - Comparison :

No
Free Tips * Free Tips :

Yes

 Free Tips :

No
Daily Market report * Daily Market report :

Yes

 Daily Market report :

No
ETF research * ETF research : - ETF research :

No
Quarterly Results * Quarterly Results :

Yes

 Quarterly Results :

No
Open Account Open Account

SMC Global vs Upstox Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

SMC Global Upstox
Availability for franchisee / AP Availability for franchisee / AP :

Yes

 Availability for franchisee / AP : -
Investment required for Franchisee / AP Investment required for Franchisee / AP :

₹3,00,000 to ₹5,00,000

 Investment required for Franchisee / AP : -
Open Account Open Account

SMC Global vs Upstox Product & Services

SMC Global and Upstox both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

SMC Global Upstox
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading :

Yes
Margin Trading * Margin Trading : - Margin Trading :

Yes
Call N Trade * Call N Trade : - Call N Trade :

Yes
Trading in Both the exchanges * Trading in Both the exchanges : - Trading in Both the exchanges :

Yes
Limit Order * Limit Order : - Limit Order :

Yes
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account : - 3-in-1 On-line Trading Account :

No
NRI Services * NRI Services : - NRI Services :

No
SMS Alerts * SMS Alerts :

Yes

 SMS Alerts :

No
Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan :

No
IPO Investment * IPO Investment : - IPO Investment :

No
Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis :

Yes
Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features :

Yes
Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator :

Yes
Margin Calculator * Margin Calculator : - Margin Calculator :

Yes
Stop Loss Order * Stop Loss Order : - Stop Loss Order :

Yes
Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss :

Yes
Equity Future & Option Trading * Equity Future & Option Trading : - Equity Future & Option Trading :

Yes
Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading :

Yes
Market Trading * Market Trading : - Market Trading :

Yes
Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan :

No
Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading :

No
Open Account Open Account

SMC Global vs Upstox Customer Services

SMC Global and Upstox both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

SMC Global Upstox
Toll Free Number * Toll Free Number : - Toll Free Number :

No
Live Chat Facility * Live Chat Facility : - Live Chat Facility :

Yes
Email Facility * Email Facility : - Email Facility :

Yes
Branch Offices * Branch Offices : - Branch Offices :

Yes
Customer Care * Customer Care : - Customer Care :

Yes
Community Service * Community Service : - Community Service :

Yes
Relationship Manager * Relationship Manager : - Relationship Manager :

No
24/7 Support * 24/7 Support : - 24/7 Support :

No
Open Account Open Account

SMC Global vs Upstox Other Investement

SMC Global and Upstox both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

SMC Global Upstox
Commodity Trading * Commodity Trading : - Commodity Trading :

Yes
Investment in ETFs * Investment in ETFs : - Investment in ETFs :

Yes
Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds :

Yes
Investment in Bonds * Investment in Bonds : - Investment in Bonds :

No
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments :

No
Insurance Services * Insurance Services : - Insurance Services :

No
Banking Services * Banking Services : - Banking Services :

No
Open Account Open Account

SMC Global vs Upstox Trading Platform

SMC Global and Upstox both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

SMC Global Upstox
Web Platform * Web Platform : - Web Platform :

Yes
Android Mobile App * Android Mobile App : - Android Mobile App :

Yes
Desktop Windows * Desktop Windows : - Desktop Windows :

Yes
Desktop Mac * Desktop Mac : - Desktop Mac :

No
I-Pad App * I-Pad App : - I-Pad App :

Yes
Virtual Trading * Virtual Trading : - Virtual Trading :

No
iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App :

Yes
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Open Account Open Account

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